Zacks Investment Research lowered shares of Ur-Energy Inc. (NYSEMKT:URG) from a hold rating to a strong sell rating in a report published on Wednesday.

According to Zacks, “UR-ENERGY INC., is a uranium exploration and development company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Ur-Energy has a registered office in Ottawa, Canada and its corporate headquarters are located in Littleton, Colorado. “

Separately, Roth Capital set a $2.00 price objective on shares of Ur-Energy and gave the company a buy rating in a report on Saturday, March 11th.

Ur-Energy (NYSEMKT:URG) opened at 0.741 on Wednesday. The company’s market cap is $107.90 million. The company has a 50 day moving average of $0.76 and a 200-day moving average of $0.59. Ur-Energy has a one year low of $0.41 and a one year high of $0.91.

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Ur-Energy Company Profile

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.

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